Chiquita Brands International Incorporated

Chiquita Brands International Inc. has suitors willing to pay roughly $611 million for its bananas.

The North Carolina-based fruit giant on Monday received an unsolicited acquisition offer from juice company Cutrale Group and investment firm Safra Group, a deal that would torpedo Chiquita’s pending merger with a tropical produce firm with headquarters in Ireland.

Cutrale and Safra said Monday that they proposed to purchase Chiquita for $13 per share, a 29% premium over its closing price Friday.

In a news release, Chiquita said its board of directors will "carefully review and consider the offer."

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Chiquita Brands International Inc. has suitors willing to pay roughly $611 million for its bananas.
The North Carolina-based fruit giant on Monday received an unsolicited acquisition offer from juice company Cutrale Group and investment firm Safra...

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